PPP Loan information for Multicraft electric llc

$328,125

Multicraft electric llc was initially approved for PPP Loan of amount $328,125, the current approved amount is $328,125. The loan was approved on 01/26/2021 by The German American Bank reported 15 jobs and $328,125 was used to fund payroll.

Multicraft electric llc is Existing or more than 2 years old

MULTICRAFT ELECTRIC LLC

Date Approved

01/26/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

MULTICRAFT ELECTRIC LLC

Borrower Address

820 W 17th St Ste 10

Borrower City

Bloomington

Borrower State

IN

Borrower Zip

47404-3378

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

328125.17

Current Approval Amount

328125.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

MONROE

Project State

IN

Project Zip

47404-3378

CD

IN-09

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

328122.17

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

329392.72

Forgiveness Date

06/23/2021

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